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20121205
20121213
Search Results 0 to 5 of about 6 (some duplicates have been removed)
cut tax rates. the opposite of what obama said. they don't believe it. they want a western european style cradle to grave state. they want to make sure that they preserve it and they want to pay for it. the middle class is going to be nailed and they are going to blame republicans and they are going to have to go back to get more money. isn't it mostly true, taxing the rich, and you poll the whole electric. the middle income people believe they are going to be next. middle income say you are not going to get enough money there. they are going to hit me and there is going to be a carbon tax. president obama needs to expand the government. i wish the majority of the middle class saw it that way. more than half the country felt that his left wing agenda was it. it isn't eventually the middle class is going to get nailed. and the spin will be that republicans jacked up the economy so badly. >> i think that is where this is going. i think there could be a tax and maybe it can't get through congress. but i have never seen a time, i have seen polls on this. taxing the rich. they know that.
differences. boehner would cut much more. obama's view is we've cut so much from that already we have to be careful how much more we cut. >> when you talk about discretionary spending cuts, a big difference between defense cuts and domestic cuts. does it go after defense spending the way he has? >> he hasn't spelled it out yet. we don't know. r&d, a lot of investment programs we think we need to keep this economy growing. >> can i ask a question? what makes up the difference between the bowles-simpson proposals and the other ones? why is that so much higher? what are they leaving out? >> there were more tax increases. it was light on entitlements. >> okay. >> where did bowles-simpson get the revenue. >> they eliminated a whole slaw and lowering rates and also a tax on gasoline. >> they let the bush tax cuts expire, right? >> initially they did and then were going to do tax reform. >> would they increase the taxes on the rich? >> yeah. >> they would? >> yes. >> to the same extent? >> i would have to do the math. >> don't you do any homework? >> numbers cruncher. dad, thank you so much.
say they were very saddened by the news. >> new reports in this morning obama administration might sue the state recently passed initiative decriminalize the recreational use of pot. still illegal under federal law. options for the preventing the state from regulating and taxing marijuana or cutting off federal cash. and forget about the fiscal cliff. some members of congress well, they are focusing on the king. ♪ return to sender ♪ address unknown >> 10 lawmakers pushing for a resolution to make january 8th elvis presley day. that's the king of rock and roll's birthday. democratic north carolina congressman larry kissel introduced this resolution. he said that elvis should be recognized for his impact on our nation. kissel was redefeated for election last month. >> redefeated. >> redefeated. >> never know. take a look at the first alert forecast. >> what does that mean. >> he was defeated and redeeted. >> successful at being defeated. dense fog this morning again at areas around baltimore. down across pars of virginia and north carolina and south carolina and parts of florida. hea
different views. my view and senator corker's views are different but we will have to find spending cuts. >> heather: brad blakeman is assistant to george w. bush and joe seos peculiar is a former congressman. i want to go to the meeting between obama and boehner, what do you think the significance is and what do you think happened. congressman secretary peculiar i will begin with you? >> i believe -- congressman sespek we'll begin with. >> you we know we need $3 trillion in addition to the $1 trillion you just listed. we know that we have to have about $1.4 trillion. more boehner has proposed that in tax reform. it kind of looks like that raising taxes on the wealthy. that means the president which has laid down a substantive plan has to address spending cuts. we need about two dollars in spending cuts for every dollar in tax increases and it has to include entitlement reform. he has talked about different index inflation for social security and raising the age of medicare. that is the grand bargain that we need to do so we stop the negotiation and come to the principle compromise so we
saying and others who have looked at this problem, we've done enough cutting in discretionary spending. that shouldn't be part of the current discussion, and, in fact, it isn't. the things that people are talking about now, specifically very important people like president obama and speaker boehner, is the tax code and these programs that we sometimes call entitlements, medicare, medicaid and social security. those are the things that are on the table at the moment, not defense. unless the bargain fails, unless the two sides cannot get together and then the thing that will happen, and it will happen quickly, are drastic cuts in defense and domestic spending and an automatic increase in taxes. that is what must be avoided. just because the economy couldn't take it at this stage. we've had relatively slow growth in the economy, and though it seems to be picking up and the last jobs report was quite favorable, having a crash austerity program right now, that's what the fiscal cliff is, would be a big mistake. so the two sides have to get together on this grand bargain. >> well, we certain
Search Results 0 to 5 of about 6 (some duplicates have been removed)